Nowhere is the adage ‘Knowledge Is Power’ more relevant than in the medical community. When doctors are aware of and skilled in the latest treatments and surgical procedures, they are empowered to deliver the best possible care. Docplexus, an exclusive online community of Indian doctors, plays a pivotal role in fulfilling clinicians’ information needs through the effective use of technology.
Docplexus, a social media platform exclusive to Indian doctors, was founded in 2014 by Phanish Chandra. Physicians use Docplexus to interact with peers and seniors. They discuss complex cases and update themselves with the latest advances in the medical field. Over 1,75,000 doctors across 89 specialties and 1500 cities use the Docplexus portal to access treatment guidelines, certified educational resources and the latest medical news. 12000 doctors log on to the website daily and over 10000 clinical cases has been discussed already.
Clinical decision-making requires a balance of experience, knowledge and information gathering, using appropriate assessment tools, feedback from colleagues and evidence-based guidelines. There may then be no single, right way of applying diagnostic and therapeutic strategies to a particular case. Often, there are many questions that are left unanswered. While not exactly arbitrary, this exercise can be quite subjective. In such scenario, it becomes very important for a practitioner to have access to expert advice and best evidence on the issues of clinical and professional importance. A modern-day doctor needs this advice on demand and on his fingertip.
Only verified allopathic doctors are allowed to join the platform. Membership to Docplexus is free but limited to Allopathic doctors only. Membership is exclusive and doctors are allowed to join only after strict verification of documents and MCI registration number.
Docplexus has raised Rs.4.7 Crore in funding till now from investors Unicorn ventures and Austria-based ASP Consulting.
Docplexus was founded with a vision to ’empower doctors’ in order to improve millions of patient outcomes each year in India. It leverages technology to facilitate doctor-to-doctor interaction and knowledge-share. As an online networking platform, Docplexus has eliminated geographical barriers to medical learning. Physicians use this platform to seek advice on complex cases from specialists, update themselves on the various advances in life sciences and medico-legal policy, and connect with peers.
According to Dr. Jagdish Hiremath, India’s leading cardiologist, “The Docplexus platform is very useful and relevant to medical practice. Best of all, it involves ‘doctor-talking-to-doctor’ which makes a huge difference.” Docplexus’ members span 89 specialties and 1500 cities. Around 12,000 clinicians log on to its website daily and an equal number of clinical cases have already been discussed.
Docplexus founder Phanish is a seasoned professional with 13 years of experience building products for both enterprise and consumer web from scratch. He is an IIT Kharagpur Alumni and he has served as a CTO in a startup before. Phanish was principal architect at Fourjs and has built cutting edge software products from scratch in multiple product companies.
At Docplexus, Doctors get to:
- Discuss patient cases to get expert advice and second opinions.
- Read and share Medical Articles and stay updated with the latest Healthcare News.
- Know your peers better by visiting their profiles and get acquainted with their Education and Experience.
Docplexus is available on web as well on Android phones. You can download the Android app from here.
The overall Indian healthcare market is worth around US$ 100 billion and is expected to grow to US$ 280 billion by 2020, at a CAGR of 22.9%. Healthcare delivery, which includes hospitals, nursing homes and diagnostics centres, and pharmaceuticals, constitutes 65 per cent of the overall market. The Healthcare Information Technology (IT) market which is valued at US$ 1 billion currently is expected to grow 1.5 times by 2020.
Deloitte Touche Tohmatsu India has predicted that with increased digital adoption, the Indian healthcare market, which is worth around US$ 100 billion, will likely grow at a CAGR of 23 per cent to US$ 280 billion by 2020.
India produces 50,000 doctors a year and currently there are around 9.29 lakh doctors registered in the Indian Medical Register as per Medical council of India.
There are a lot of platforms that focuses on doctor to patient interactions. But the doctor to doctor part is less focussed. Docplexus directly competes with companies such as Curofy, PlexusMD, Daily Round. All these platforms focuses on networking platform and building a community along with a job portal and opportunities in the medical field.
As of now Docplexus earns their revenues through pharma events and marketing. The job portal also provides a new avenue for revenues for these companies. It’s interesting to see how this space grows and how companies like Docplexus cops up with the competition and attain revenue.